Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥11.3b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Beijing Dabeinong Technology GroupLtd

Market Cap: CN¥14.8b

Beijing Dabeinong Technology Group Co.,Ltd.

Industri Jamu dan Farmasi Sido Muncul

Market Cap: Rp12.0t

Provides herbal medicines, cosmetics, and foods and beverage products in Indonesia.

Avia Avian

Market Cap: Rp19.6t

Manufactures and distributes paints and building materials in Indonesia.

ProCredit Holding

Market Cap: €475.9m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

ACI Worldwide

Market Cap: US$4.3b

Develops, markets, installs, and supports software products and services for facilitating electronic payments in the United States and worldwide.

Bidvest Group

Market Cap: €80.5b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

Vusion

Market Cap: €2.2b

Engages in the provision of digitalization solutions for commerce in Europe, Asia, and North America.

Acrow

Market Cap: €249.2m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

Sanofi

Market Cap: €92.3b

Engages in the research, development, manufacture, and marketing of therapeutic solutions.

Accenture

Market Cap: €110.0b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Sword Group

Market Cap: €302.9m

Provides IT and software solutions in Luxembourg, Europe, and Asia.

Grupa Pracuj

Market Cap: €3.0b

Operates HR technology platform in Poland, Ukraine, and Germany.

Grupa Pracuj

Market Cap: zł3.0b

Operates HR technology platform in Poland, Ukraine, and Germany.

CENIT

Market Cap: €64.1m

Provides software solutions and integration services.

Howden Joinery Group

Market Cap: UK£4.1b

Supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland.

Prudential

Market Cap: UK£28.3b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Piraeus Bank

Market Cap: €10.5b

Provides various banking products and services in Greece, Europe, and internationally.

Valmet Oyj

Market Cap: €4.2b

Develops and supplies process technologies, automation, and services for the pulp, paper, and energy industries in North America, Latin America, EMEA, China, and Asia-Pacific.

Lithia Motors

Market Cap: €6.3b

Operates as an automotive retailer in the United States, the United Kingdom, and Canada.

Asahi Group Holdings

Market Cap: €2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

China Construction Bank

Market Cap: US$2.4t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

High Tide

Market Cap: CA$290.1m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Heidelberg Materials

Market Cap: €30.8b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Atmus Filtration Technologies

Market Cap: US$4.0b

Designs, manufactures, and sells filtration products under the Fleetguard brand in the United States and internationally.

Tongcheng Travel Holdings

Market Cap: €34.4b

An investment holding company, provides travel related services in the People’s Republic of China.

CellaVision

Market Cap: SEK 2.9b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Calfrac Well Services

Market Cap: US$605.5m

Provides specialized oilfield services in Canada, the United States, and Argentina.

DEUTZ

Market Cap: €1.5b

Engages in the development, production, distribution, maintenance, and servicing of diesel and gas engines in Germany, Rest of Europe, the Middle East, Africa, the Asia Pacific, and the United States.

China Hongqiao Group

Market Cap: €292.1b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Arcadis

Market Cap: €3.0b

Engages in the design, engineering, architecture, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific.

NetEase

Market Cap: €579.1b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Forbo Holding

Market Cap: CHF 1.0b

Engages in the production and sell of floor coverings, building and construction adhesives, and belt for power transmission and conveyor technology worldwide.

Travel + Leisure

Market Cap: €4.1b

Provides hospitality services and travel products in the United States and internationally.

Man Wah Holdings

Market Cap: €13.9b

An investment holding company, engages in the manufacture and distribution of sofas and ancillary products in the People's Republic of China, Europe, North America, and internationally.